mandana on Nostr: The main point that we try to press is that we personally can't trust something if we ...
The main point that we try to press is that we personally can't trust something if we don't understand the business model that funds it. Whenever I heard about a product/company my question always is "how do they make money?" And often there answer we get is "they will eventually figure that out".
Instead we want to make clear where the money will come from. We're not accepting any investor or grant funding. We are self-funding until we launch and then we will sell ads and make money a honest and transparent way.
And we take a percentage of the ad buy, but the rest of the advertising budget goes directly to who watches (based on the price the advertiser sets). We will put out something in the next few weeks that details this further. I don't want to upset my husband and get ahead of myself here in this conversation. 😅 But we already have people excited to advertise in this revolutionary way. We are trying to be heads down and focused while we build.
And you have the right skeptism. This is how critical we must be. Ultimately, we want to make the attention marketplace open source. We gotta make sure we design something that doesn't exploit people or advertisers. It should be mutually beneficial. That's why we're being so public about how and why we're building it. It will eventually be a public good!
We didn't want to create a social media company. We first shared the attention marketplace idea with anyone we could in the Nostr community. But we quickly learned we have to prove it out before anyone else will add it to their apps. And fair enough! So here we are. 🤗
Instead we want to make clear where the money will come from. We're not accepting any investor or grant funding. We are self-funding until we launch and then we will sell ads and make money a honest and transparent way.
And we take a percentage of the ad buy, but the rest of the advertising budget goes directly to who watches (based on the price the advertiser sets). We will put out something in the next few weeks that details this further. I don't want to upset my husband and get ahead of myself here in this conversation. 😅 But we already have people excited to advertise in this revolutionary way. We are trying to be heads down and focused while we build.
And you have the right skeptism. This is how critical we must be. Ultimately, we want to make the attention marketplace open source. We gotta make sure we design something that doesn't exploit people or advertisers. It should be mutually beneficial. That's why we're being so public about how and why we're building it. It will eventually be a public good!
We didn't want to create a social media company. We first shared the attention marketplace idea with anyone we could in the Nostr community. But we quickly learned we have to prove it out before anyone else will add it to their apps. And fair enough! So here we are. 🤗